Global Home Appliance Market Growth 2023-2029

Global Home Appliance Market Growth 2023-2029

Home appliance is electrical/mechanical machine which accomplish some household functions, such as cooking or cleaning. Home appliances can be classified into: major appliances, small appliances, and consumer electronics.

Major home appliances spans a variety of devices comprising refrigeration appliances, home laundry appliances, dishwashing appliances, air-conditioning appliances, large and small cooking appliances.
LPI (LP Information)' newest research report, the “Home Appliance Industry Forecast” looks at past sales and reviews total world Home Appliance sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Appliance sales for 2023 through 2029. With Home Appliance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Appliance industry.
This Insight Report provides a comprehensive analysis of the global Home Appliance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Appliance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Appliance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Appliance and breaks down the forecast by type, by sales channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Appliance.
The global Home Appliance market size is projected to grow from US$ 203460 million in 2022 to US$ 278070 million in 2029; it is expected to grow at a CAGR of 278070 from 2023 to 2029.
The major players in global Home Appliance market include Haier, Whirlpool, Midea, etc. The top 3 players occupy about 15% shares of the global market. Asia-Pacific is the main market, and occupies about 60% of the global market. Air Conditioner is the main type, with a share about 30%. Offline Sales is the main application, which holds a share about 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Home Appliance market by product type, sales channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Refrigerators
Washing Machines
Air Conditioner
Kitchen Appliances
Others
Segmentation by sales channel
Offline Sales
Online Sales
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Haier
Whirlpool
Midea
Panasonic
Arcelik
SAMSUNG
SONY
LG
BSH
Hisense
Electrolux
Philips
Gree
TCL
Changhong
SKYWORTH
Meling
Key Questions Addressed in this Report
What is the 10-year outlook for the global Home Appliance market?
What factors are driving Home Appliance market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Home Appliance market opportunities vary by end market size?
How does Home Appliance break out type, sales channel?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.